When valuing real property, appraisers must consider characteristics the typical buyer expects a property to offer. In this article I discuss how the same home could be considered to be overimproved or underimproved depending on what prospective buyers are looking for.
Tag: Real Property
Surprising Things That Can Decrease Property Value
Selling your home? This article provides some things that might decrease the value of your home.
Does Your Property Need to Be Jacked Up?
Does your home need to be jacked up? Let me rephrase that. Does your home, driveway or patio need to be lifted? Can it be done? This article discusses a few potential options.
Is Your “Crazy” Neighbor Lowering Your Home’s Value?
Is your neighborhood difficult to live next to? Is their property an eye-sore? Can having a neighbor like that lower your home's value? I tackle the answers to these questions in this article.